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20110701
20110731
Search Results 0 to 7 of about 8 (some duplicates have been removed)
. >> reporter: larry kanor red says the treasury faces a big $22 billion social security payment on august 3. but recent tax revenues have come in $14 billion higher than expectd. >> in other words, the treasury on august 2 is going to have more cash on hand than what it looked like before. therefore they'll be able to make that big social security payment on august. >> reporter: at most that gives the government one more week. can they go right up to the 11th hour here. >> there's a big cost going to the 11th hour because you start to spook the markets. >> reporter: ric mishkin points out when congress at first rejected the tarp financial rescue package in 2008 the dow plummeted nearly 800 points that day. >> boy, was it a disaster. when you go to the last minute and you're basically saying, you know, don't assume that we have responsible adults, well, that actually has huge, huge costs. we've seen this happen before. let's hope it doesn't happen now. >> reporter: economists say the risk of a default is remote, but the risk of a new recession is very real. if america has to slash its spendi
,000 died from it. new research shows that a big problem may be that almost no one gets the recommended treatment. here's dr. jon lapook. >> think it's ready? >> yup. >> reporter: six years ago, adam schaffer was enjoying thanksgiving with his family until... >> i went to the bathroom and there was a whole bunch of red and it was very scary. >> reporter: he was just 44 years old. the doctors diagnosis floored him. >> he says "you have bladder cancer." and you could feel the room spinning. >> reporter: his first doctor removed the tumor but did not follow up with standard recommended treatment. failure to follow guidelines is dangerously common and one reason bladder cancer survival has not improved in 25 years says u.c.l.a.'s dr. karim chamie. >> if we were to get a report card based on our performance with these guideline measures i would say we bead failing. >> reporter: for the first two years after finding early bladder cancer, doctors are supposed to test the urine for abnormal cells and examine the inside of the bladder every three months. they're also supposed to fill it with an
affordable, offer more flexibility. >> i don't miss property taxes. i don't miss big utility bills. >> reporter: jonathan fitzgerald sold his five bedroom suburban house two years ago and moved to an in-town apartment. his mortgage was $12,000 a month, his rent is $4,500. >> now i want to be closer to the office, i want to be close to my friends and all the restaurants and places that i go to on a regular basis. >> reporter: it's a trend developer rick caruso noticed years ago. he builds outdoor malls based on old urban models: retail below, apartments above. >> this is a cultural shift with the dollars following. net positive for the economy. net good for the economy. >> reporter: since the recession, caruso has invested $260 million in apartment projects. he's banking the apartment boom won't slow down any time soon. bill whitaker, cbs news, los angeles. >> schieffer: europe's most active volcano has surged to life again and it is quite a show. mount etna in sicily is blasting lava hundreds of feet into the air. molten rivers are flowing down its slopes. so far nearby towns appea
of year the peach would be ripe and it would be that big. >> reporter: at ham orchards in carroll, texas, the signs of drought on this peach farm are obvious. >> they're beginning to stress, these young trees are, with these yellow leaves, inside the tree. >> reporter: dale ham has been a peach farmer for 32 years. has the drought cost you any none? >> yes. a lot. we're having to water 24 hours a day and it's costing us money in fuel, in electricity. >> reporter: he's not alone. severe drought conditions are spread across 14 states. in texas, the period from february to june was the driest since 1917. it may take a hurricane to make things right. until then, ranchers like jim mccord are left high and dry. >> we're in survival mode. we're just trying to survive and do the best we can until conditions get better. >> reporter: but even then relief could be temporary. climate models show another la nina could be forming. the weather phenomenon in the pacific ocean keeps the south drier than normal. that means drought conditions could be on tap again next year. back at ham orchards... >> once
and the district, where a bible camp trip took a big turn for the worst. >>> i'm scott broom in garfield park southeast washington where this afternoon a huge branch fell down on some kids from a vacation bible camp from the people's church. >> i had a dream that the tree fell. >> i thought someone was getting shot. >> it was the biggest branch of a grand old tree. children and counselors from a
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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